P.O. BOX 26188
Lansing, MI 48909

Notable Rates APY Vs.Others
Savings 0.05% 2.30% →
1-Year CD 1.90% 2.25% →
2-Year CD 2.00% 2.50% →
5-Year CD 2.50% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Lafcu is an NCUA insured institution located in Lansing, MI. It was founded in 1936 and has approximately $744.12 millions in assets.

NCUA Insured Yes
Charter Number # # 68632
Date Established 1936
Assets $744.12 million
Loans $529.94 million
Deposits $638.28 million
Capital $85.37 million

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Barry, Clinton, Calhoun, Gratiot, Eaton, Ingham, Jackson, Ionia, Livingston, Montcalm, or Shiawassee counties.

Deposit Rates - December 12, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.30% $2,500 $19,999 Learn MoreShow Less
Money Market
0.45% $20,000 $99,999 Learn MoreShow Less
1.80% $500 $9,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.75% $500 - Learn MoreShow Less
6 Mo CD
1.00% $500 - Learn MoreShow Less
12 Mo CD
1.90% $10,000 - Learn MoreShow Less
24 Mo CD
2.00% $10,000 - Learn MoreShow Less
36 Mo CD
2.15% $10,000 - Learn MoreShow Less
48 Mo CD
2.30% $10,000 - Learn MoreShow Less
60 Mo CD
2.50% $10,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.30% $1 $4,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $9,999 Learn MoreShow Less

Loan Rates - December 12, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for LAFCU

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
NMLS ID: 2890
License#: MC-3098
3.633% 3.625% 0.13 $248 $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
More Info

Note to LAFCU
To upload and update your bank's rates please register. It is free to register and add rates.


Below are Lafcu branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Lafcu Locations

Financial Details

Lafcu Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lafcu. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Lafcu U.S. Average
7.48% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Lafcu had $6,568,709 in non-current loans and $99,435 in owned assets. To cover these potential losses it had $85,374,161 in net worth and $3,808,908 in loans loss reserves. That gives it a Texas Ratio of 7.48%.

Net Worth
Lafcu U.S. Average
11.47% 13.65%

Lafcu FCU has a net worth of 11.47% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Lafcu

Branches and Savings

What is Lafcu?

A federal credit union, registered with the NCUA under certificate #68632.
Learn more about credit unions here.

Is Lafcu FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Lafcu?

Please see Field of Membership information above for information on who is eligible to join.

What are Lafcu's share account and share certificate rates?

Lafcu's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Lafcu?

Lafcu has total capital of $85.37 million. Full information on Lafcu's financial position is located above.

Who owns Lafcu?

Credit Unions are owned by their members.

Where are Lafcu branches located?

See branch locations nearby.

Are Lafcu ATMs Open 24/7?

Do Lafcu ATMs accept cash deposits?

Can Lafcu customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Lafcu have a mobile app?

Does Lafcu have mobile deposit?

Does Lafcu have quick pay?

How can Lafcu transfer money to other banks or credit unions?

Does Lafcu report to credit bureaus?

Does Lafcu use Chexsystems?

Does Lafcu use Equifax?

What is Lafcu's toll free phone number?

What is Lafcu's ACH Routing Number?

What is Lafcu's SWIFT code?

Where can I find Lafcu's wire transfer form?

What is the Lafcu address for deposits?

What Products Does Lafcu Offer

Does Lafcu offer mortgages?

Compare mortgage rates here.

Does Lafcu offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Lafcu offer auto and RV loans?

Compare auto loan rates here.

Does Lafcu offer student loans or personal loans?

Compare personal loan rates here.

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